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COLOMBO PORT CITY ECONOMIC COMMISSION
APSEZ to sell 49% in Vizhinjam port to MSC Group armAdani Ports is selling a 49% stake in its Vizhinjam port project to MSC Group's port arm, TiL, for $1.397 billion. This deal values the Ker...- MSC-Adani deal: Vizhinjam port can generate Rs 1,410 crore EBITDA, says Axis CapitalAxis Capital expects Vizhinjam port to become a major earnings driver for Adani Ports & SEZ, estimating it could generate around Rs 1,410 c...
- Indian envoy to US Vinay Kwatra visits INS Sudarshini in BaltimoreIndian Ambassador Vinay Kwatra lauded the crew of INS Sudarshini in Maryland for fostering cooperation and trust during its participation i...
- Adani Ports to sell 49% stake in Vizhinjam port to MSC's TiL for $1.4 billionAdani Ports and Special Economic Zone will sell a 49% stake in Adani Vizhinjam Port to MSC Group's Terminal Investment Ltd. for $1.397 bill...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Adani Ports says Mundi will invest $1.4 billion for 49% stake in Vizhinjam PortAdani Ports has inked a significant deal with MSC's terminal arm, TiL, for a 49% stake in its Vizhinjam port for $1.397 billion. This strat...
- Bengaluru-Mangaluru four-track rail corridor under consideration: V SomannaUnion Minister V. Somanna announced plans for a four-track railway line between Bengaluru and Mangaluru, alongside similar corridors for ci...
- GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time highGIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India's offshore derivative...
- Gujarat consumer panel clears Air India over fog-hit flight diversion, citing safety mandateA consumer commission has ruled that Air India is not liable for a flight diversion due to dense fog in Delhi, which caused passengers to m...
- Xi backs Bangladesh in upholding sovereignty, 'rejecting foreign interference' in talks with PM RahmanChinese President Xi Jinping pledged unwavering support for Bangladesh's sovereignty and rejection of foreign interference during Prime Min...
- Adani Ports emerges top contender for Karanja Terminal takeoverAdani Ports is poised to acquire Karanja Terminal & Logistics, with creditors endorsing its ₹625-crore recovery plan. The nation's top port...
- 8th Pay Commission fitment factor: Expert explains how fitment factor may reach 2.10; check salary hike calculationCentral government employees and pensioners are eagerly awaiting the 8th Pay Commission's report, with discussions around the crucial fitme...
- VOC Port emerges as model for sustainable maritime developmentLeading the charge in India's sustainable maritime evolution, the V.O. Chidambaranar Port Authority (VOCPA) has made impressive strides in ...
- 8th Pay Commission HRA changes: 5 employee bodies recommend house rent allowance up to 40%; check details8th pay commission proposals: Central government employees are urging the 8th Pay Commission to significantly hike House Rent Allowance (HR...
- Jairam Ramesh writes to Sarbanand Sonowal, seeks clarifications on Great Nicobar project's transhipment portCongress leader Jairam Ramesh has questioned Union Minister Sarbanand Sonowal about the Great Nicobar Island project's transhipment port, s...
- PM Modi to mark Paschimbanga Divas, lead Yoga Day events in KolkataPrime Minister Narendra Modi is set to inaugurate multiple development projects worth Rs 18,880 crore in West Bengal during his two-day vis...
- India-bound ships begin Strait of Hormuz transit as US lifts Iran blockade; Chabahar, INSTC in focusThree cargo ships are now transiting the Strait of Hormuz, signaling a significant shift after the US ended its blockade of Iranian ports a...
- Adani Group keen on Hooghly river tunnel, power, infra projects in Bengal: OfficialThe Adani Group is keen to invest in West Bengal's infrastructure. They are interested in projects like a tunnel under the Hooghly river to...
- Fadnavis proposes creation of special rail freight corridor to link ports with Samruddhi ExpresswayMaharashtra plans a dedicated rail freight corridor. This corridor will connect major ports like JNPT and Vadhvan Port with the Samruddhi E...
- India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...
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